Proceeding contribution from Graham Stuart (Conservative) in the House of Commons on Wednesday, 6 May 2009. It occurred during Debate on bill on Finance Bill.
Finance Bill
The right hon. Gentleman will be aware that over many years our banks moved from depending on depositors to depending on the international money markets, which seemed to be functioning well. When those markets froze, the trigger came that caused the collapse of so many financial institutions—or might have done were it not for Governments intervening. He is right to bring to the House the issue of what would happen if the gilts markets too lost people's confidence and ceased to work.
Secondary information
- Type
- Proceeding contribution
- Reference
- 492 c206
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Children Alcoholic drinks Business Corporation tax Credit Bingo Borrowing Finance Income tax Excise duties Fuels Gaming Government assistance Economic growth Forecasts Personal savings Poverty Pensions Public expenditure Scotland Tax allowances Tax avoidance Taxation VAT Trusts Tax rates and bands Tax evasion North Sea oil Trade competitiveness Marginal tax rates
- Legislation
- Finance Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 11:20:59 +0100
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